$1,749,000

Estimated payment $9,693/month

Total Views 43,189
5.56 Acres
$314,568 Price per Acre
242,194 Sq Ft Lot

About This Lot

Prime 5.56-acre redevelopment opportunity on the south side of Bloomington offering exceptional potential for a new neighborhood, multifamily project, condominiums, or a thoughtfully designed mixed residential community. Currently zoned R2, this parcel features approximately 200 feet of road frontage on Rogers Street and borders both the scenic Switchyard Park and the popular B-Line Trail along its eastern boundary—providing unmatched access to green space, recreation, and connectivity. The location is truly outstanding, just minutes from Interstate 69 via the Tapp Road exit and only 2.5 miles (approximately a 10-minute drive) from the campus of Indiana University Bloomington. With strong surrounding growth in Bloomington’s southwest corridor and immediate proximity to two of the city’s most sought-after amenities, this property delivers what every successful development needs: location, visibility, accessibility, and lifestyle appeal. In addition, the area is a part of the Bloomington Urban Enterprise Zone, which offers tax incentives and grants to qualified individuals and businesses. It is also located within the Monroe County Opportunity Zone. Location truly is everything, and this land sits in a prime position for future development.

Listing Agent

Laura Stevens

The Indiana Team LLC Brokerage Phone: 812-961-8000 Listed on: 02/22/2026

Co-Listing Agent

Pilar Taylor

The Indiana Team LLC Brokerage Phone: 812-961-8000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $964

Lot Details

  • 5.56 Acre Lot
  • Lot Dimensions are 752' x 380'
  • Finished Lot(s)
  • Subdivision Possible
  • The community has rules related to zoning restrictions
  • Property is zoned R2 - Residential Medium Lot

Parking

  • Driveway

Schools

  • Templeton Elementary School
  • Batchelor Middle School
  • Bloomington South High School

Listing and Financial Details

  • Assessor Parcel Number 53-08-08-100-016.000-009

Property Details

Property Type

Land

Est. Annual Taxes

$964

Lot Details

5.56 Acres

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 015-20455-00 PT SE NE 8-8-1W 5.554 A Plat 91
  • Parcel Number ID: 53-08-08-100-016.000-009
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City, Near Walking Trail
  • Road Access: City
  • Road Surface: Asphalt
  • Parcel Description: Level, Partially Wooded
  • Restrictions: Zoning Restrictions
  • Can Be Subdivided: Yes
  • Side Of Road: East
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bloomington City Utility
  • Electricity Type: Available
  • Sewer Type: City

Schools

  • Elementary School: Templeton

Lot Info

  • Lot Dimensions: 752' x 380'
  • Estimated Lot Sq Ft: 242194
  • Estimated Lot Size Acres: 5.56

Tax Info

  • Annual Taxes: 964

MLS Schools

  • High School: Bloomington South
  • Middle School: Batchelor
  • School District: Monroe County Community School Corp.

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $935 $47,100 $44,400 $2,700
2024 $964 $47,100 $44,400 $2,700
2023 $997 $47,100 $44,400 $2,700
2022 $786 $38,800 $36,100 $2,700
2021 $804 $38,800 $36,100 $2,700
2020 $802 $38,800 $36,100 $2,700
2019 $315 $14,900 $12,200 $2,700
2018 $316 $14,900 $12,200 $2,700
2017 $316 $14,900 $12,200 $2,700
2016 $309 $14,900 $12,200 $2,700
2014 $337 $16,200 $12,200 $4,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/22/2026 02/22/26 For Sale $1,749,000 -- --
Source: Indiana Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

About the Listing Agent

Laura Stevens

The Indiana Team LLC

(812) 714-1922

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Laura formed The Indiana Team to provide an outstanding real estate experience for our clients. Our reviews at theINDIANAteam.com reflect our dedication! We are experienced and tenacious agents, serving Bloomington and the surrounding areas. As a team, we are positioned to better serve you through the buying and selling processes. Call us for all of your real estate needs!

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  • 5996 W State Road 45, Bloomington, IN 47403

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  • 4720 W Teresa Ln, Bloomington, IN 47404

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  • 2605 S Bryan St, Bloomington, IN 47403

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Source: Indiana Regional MLS

MLS Number: 202605567

Indiana Regional MLS

APN: 53-08-08-100-016.000-009

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